News
Leo Stan Ekeh: Thoughts on a digital militant @ 64

By Ray Umukoro
Today, February 22, he turns 64. Trust him, there shall be no buntings, no confetti to celebrate the eventful life of Leo Stan Ekeh, who proved that in spite of her limitations, Nigeria still has a semblance of a free market economy driven by competence and capacity.

Leo Stan Ekeh
He has over the years demonstrated that in the midst of our wonky system complete with cronyism, nepotism and ethno-religious sentiments, there is still a place for hard work; there is still a reward system that recognizes merit above mediocrity.
For about three decades, Ekeh built a business empire from the scratch, from a flat in Alausa, Ikeja, Lagos, which also served as his home.
He built a conglomerate from practically nothing except his raw audacity, integrity and his ability to take the risk even when nobody was willing to go with him.
It’s an uncommon whiff of self-belief that would make a fresh university graduate of top universities in India, Ireland and England to hop into the uncertain train of entrepreneurship when he could easily have walked into a regular white-collar job. And he did that in a sub-sector where many early birds had gone into extinction: Nigeria’s computer industry.
Ekeh typifies the Nigerian spirit of derring-do, gumption and chutzpah. In him, we see the life of an African child who broke all conventions, overawed stereotypes and literally rode the tail of a tiger to confound naysayers who claim Africans rarely triumph within the African soil.
After university education which coursed through India, Ireland and England, young Ekeh was intentional and deliberate about what he wanted to do.
He would not stay back in the UK to join the English hustle. He would return to his fatherland, Nigeria, not to knock the streets in search of job. No.
He would return to create job, create wealth and add value to the lives of others including people his age and even older persons.
He would return to introduce Nigerian youths to a brave new digital world of boundless opportunities. He would return to Nigeria to be his own boss, to create a future for the youths. And he did just that.
He’s the archetypal African child. Gifted in diverse ways, born into a family with a strong pedigree in entrepreneurship but he simply refused to walk in the shadows of his parents. He wanted to define his own path. Like Prometheus in Greek mythology, he was not only gifted with strong personal will, he’s endowed with boundless creative spirit; the rare ability to create solution, solve problems and predict the future by merely using the fundamentals of the present.
When he pioneered desktop publishing in Nigeria, he was only filling a digital gap that existed in the nation’s publishing sector.
In the late 80s and early 90s, publishing in Nigeria was much about the clattering typewriter and the big burly compugraphic machine. Print quality was poor and dingy. Worst of it all, the processes were slow and tacky.
It was a huge technology challenge but none of the existing technology companies could configure a solution for the media.
Ekeh, a freewheeling street-smart and book-wise man in his 30s did. He became the instant interface between Apple Macintosh and Nigerian media including book publishers and advertising agencies. The result of that liaison was the birthing of ready-friendly publications.
In the vast dynamic field of technology, the spirit of Prometheus is writ large among a handful of entrepreneurs.
What with the story of the late Steve Jobs, the man whose innovations gave to mankind another breath of fresh air in the sphere of artificial intelligence. He handed to humanity a different kind of machine.
Then, there was Bill Gates, the Knight of Microsoft; Larry Elisson of Oracle, Reed Hasting of Netflix and Jack Dorsey and his co-founders of Twitter, just to name a few.
These men did not re-invent the wheel. They all rode on the back of the early inventors of the computer and the internet to change for good the way the world transact its many businesses.
These rare Americans have succeeded in making a huge point: America is the home of ICT and the birthplace of ICT entrepreneurs.
So, it was more of bucking the trend when in later years, Asians, particularly Indians and now South Koreans, began to drive their feet into the global ICT matrix.
Going by ICT folklore, India is not an inventor but it is today the outsourcing capital of the world; developer of key software used all around the world.
Out of Africa, one man has over time demonstrated that digital entrepreneurship is not the exclusive preserve of the white man. Leo Stan has proven in clear, unambiguous terms that Nigerians and indeed Africans are also endowed with uncommon ICT entrepreneurial skills.
Born on February 22, 1958 in Ubomiri, Mbaitoli Local Government, Imo State, Ekeh, a devout Catholic, former mass servant and chorister has taken the digital world by storm, building one of the biggest ICT conglomerates out of Africa from a modest desktop publishing outpost or what is commonly called ‘Business Centre’ in local parlance. Today, he straddles a Group with interests extending from ICT to online retail, to property with offices in Africa, United Arab Emirates (Dubai), Europe and Asia.
A moment with Leo Stan leaves you with the clear impression that you are before a rebel, an iconoclast in every positive sense. He wants to change the world around him.
He stirs himself in thought and in deeds. The former Governor of Edo State, Comrade Adams Oshiomhole, must have noticed the restiveness in Ekeh that he christened him a ‘Digital Militant’.
He pursues matters of digitization of Nigeria, nay Africa with a militant spirit: aggressive and unrelenting.
He wants all graduates out of Nigerian schools to be computer-savvy. He desires to see governance run on e-platform. It’s just his nature to see things work efficiently. And he sees technology as the only enabler for efficiency.
In life, whether in business or governance, you have to be a rebel to make a change. Lee Kuan Yew, author of ‘From Third World to First’ and father of modern Singapore acknowledged himself as a rebel who roused the people to pull Singapore out of the hatred they bore against the Japanese for their occupation of Singapore (1942-1945) and from the pains of British colonial rule.
Steve Jobs was to the world what Yew was to the political economy of Singapore and Ekeh to the African ICT industry.
It is the story of positive rebellion. And for his unrelenting commitment to deepening and widening the horizon of ICT in Africa, Leo Stan has won many hearts, accolades, awards and honours.
He is the proud recipient of over 85 awards, by far the most decorated entrepreneur in the nation’s ICT ecosystem.
They include the National Productivity Order of Merit (NPOM) award by President Muhammadu Buhari, Icon of Hope Award by President Olusegun Obasanjo on October 1 , 2002 for his exemplary digital vision and as a role model for modern Nigeria; over six Doctor of Science Degrees(Honoris Causa) from Federal University of Technology, Owerri (FUTO), University of Jos, Federal University of Agriculture, Markudi (FUAM), Imo State University (IMSU), among other citadels of learning.
Ekeh is a prophet with honour even among his people. He is a worthy Officer of the Order of the Federal Republic (OFR) for his transcendental digital entrepreneurship; a Fellow of Nigeria Computer Society and a Distinguished Fellow of the Nigeria Law School. Indeed, his trophy cabinet is a rich mix of global and international awards.
As he marks his birthday today, one can only harvest a bouquet of flowers and place it on the feet of a true African child who has changed the sordid stereotype of Africans being a people unable to pull themselves out of the umbra of darkness.
He is indeed a role model and a beacon of hope for the African youth.
- Umukoro writes from Lagos
News
New Horizons Invests N50m to Empower Almajiris with Skills

New Horizons Nigeria has launched a N50 million initiative aimed at transforming 21 Almajiri children into skilled computer technicians within 90 days, to tackle youth unemployment and harness human potential.

The Almajiri-to-Tech programme, officially launched in Abuja on Monday, provides participants with full training, meals, clothing, tools, and logistics support, all fully funded.
Speaking at the launch, the Chief Executive Officer of New Horizons, Tim Akano, said the programme represents a new journey in the history of Nigeria by restoring the original purpose of the Almajiri system, which he described as “children sent out to seek knowledge.”
“The word Almajiri comes from an Arabic term meaning emigrant and seeker of knowledge. Historically, children were sent to learn morals, responsibility, and skills to add value to society,” Akano said.
He added that the disruption of this system during colonial times forced many children onto the streets, a challenge that persists today.
Akano highlighted the urgency of addressing the Almajiri issue, noting that there are an estimated 15 million Almajiris in the country, with a population growth rate of around three per cent annually.
“If we do not solve this problem as a country, we are sitting on a time bomb,” he warned.
According to him, the programme focuses on hands-on technical skills rather than theory. Trainees will learn to repair mobile phones, laptops, televisions, radios, standing fans, and other electronic devices, as well as build inverter batteries using recycled electronic waste.
“We are not teaching theory. We are teaching practical skills you can use to earn a living,” Akano said, stressing that the programme will not interfere with the participants’ Quranic education.
“We are still going to allow you, within the period of learning. Your learning computer here is not stopping your Quranic education.
“You still have time within our space here. Whenever you want to go and pray, you can pray, then come back to class,” the CEO stressed.
He added that participants will also receive daily meals, water, T-shirts identifying them as technicians-in-training, and access to all necessary tools and equipment throughout the 90-day programme.
Akano said the initiative is part of a larger mission by New Horizons Nigeria, which has spent the past 21 years training about 100,000 Nigerians annually in IT and related skills.
He said the new programme aims to “take human genius off the streets and convert it into human capital, enabling these youths to contribute meaningfully to the economy.”
He added that equipping Almajiris with skills could add 15 million people to Nigeria’s workforce and potentially increase the country’s GDP by as much as $20 billion, stressing that productivity depends on practical skills and opportunity.
“Everything that can be taught can be learned. If someone can memorize the Quran cover to cover, there is nothing that cannot be done. What they lack is information, opportunity, and infrastructure, and we are providing all of that,” Akano said.
Akano also stressed that the initiative is designed to inspire other organizations and government agencies to replicate similar programmes across the country.
“This is not just about 21 children; it is about showing Nigeria what is possible when resources meet intention and planning.
“If we succeed in empowering these Almajiris, we demonstrate that the country can turn social challenges into economic opportunities. It’s a blueprint for Nigeria’s future,” he said, noting that the initiative combines social reform, technical education, and economic empowerment.
Also speaking, one of the trainees, Fatima Umar, appreciated the organisers and promised to maximise the opportunity.
“We’ll make you proud of us. We have nothing to say here but to thank and appreciate you. May Almighty Allah continue to guide and protect you,” Umar said.
News
IMF Upgrades Nigeria’s 2026 Growth Projection to 4.4%

International Monetary Fund has upgraded Nigeria’s 2026 economic growth projection to 4.4 per cent, reflecting improved macroeconomic stability and sustained reforms.

IMF
The January 2026 World Economic Outlook Update forecasts Nigeria’s growth trajectory at 4.1 per cent in 2024, 4.2 per cent in 2025, and 4.4 per cent in 2026—a 0.2 percentage point increase from the October 2025 estimate.
This aligns with sub-Saharan Africa’s projected 4.6 per cent expansion in 2026 and 2027, driven by regional stabilisation efforts.
Globally, the IMF anticipates 3.3 per cent growth amid resilient conditions tempered by trade policy shifts and technology investments. For Nigeria, declining energy prices—expected to fall seven per cent due to weak demand—pose risks, though OPEC+ coordination and China’s stockpiling provide support.
Despite the optimism, downside risks persist from Middle East and Ukraine tensions, protectionism, high debt, and fiscal deficits. The Fund recommends rebuilding fiscal buffers, ensuring central bank independence, and limiting temporary fiscal measures to maintain stability.
Nigeria’s success hinges on consistent reforms and resilience against domestic and global shocks, the IMF concluded.
News
Nigeria’s Crude Output Falls to 1.486mbpd in November – OPEC

Organisation of Petroleum Exporting Countries (OPEC) reports that Nigeria’s crude oil production, excluding condensate, dropped by 0.7 per cent to 1.486 million barrels per day (mbpd) in November 2025 from 1.496 mbpd in October.

OPEC
The figure, drawn from secondary sources in OPEC’s December 2025 Monthly Oil Market Report, fell short of Nigeria’s 1.5 mbpd quota. Direct communication data showed output at 1.436 mbpd, up from October’s 1.401 mbpd, but still below target.
Nigeria produces around 196,028 bpd of condensate, excluded from quota calculations per Nigerian Upstream Petroleum Regulatory Commission figures. Year-on-year, November’s output marked a slight gain over 1.417 mbpd in November 2024.
Expert Cites Insecurity, Governance Gaps
Petroleum economics expert Wumi Iledare described the quota miss as unsurprising, blaming persistent insecurity, an ageing oil basin lacking new finds, and unoffered hydrocarbon blocks. Governance shortcomings and policy uncertainty further erode investor confidence, he noted.
Selective implementation of the Petroleum Industry Act worsens the situation, with Nigeria needing a single authoritative leader for the sector rather than multiple proxies, Mr Iledare stressed. The country has struggled to consistently hit OPEC targets for years.
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